The Struggle to Keep Afloat at The Washington Post

Brett Pulley and Nikolaj Gammeltoft report on the Washington Post:

Investor bets against the stock of the Washington Post Co. (WPO) have more than tripled over the past year, as the government investigated the for-profit education business and the company’s earnings dropped.

The Washington-based company, which owns the Washington Post newspaper and Kaplan education business, had short interest in its stock rise to 866,903 shares at the end of April, compared with 223,164 a year earlier, according data compiled by U.S. exchanges and Bloomberg. The figure is the highest since at least September 1991, the earliest data Bloomberg has.

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